Technical Analysis Macro Trend Analysisaily (D1) Time Frame. Analysing the broader D1 chart, the primary structural trend is resolutely pointed upward. The pair recently cleared the 162.50 supply zone, flipping this critical area into a structural...
“Better to light a candle than to curse the darkness.” — Chinese...
Based on the provided H1 chart data for GBPUSD, we are analyzing a single candlestick with the following details: Open at 1.33209, High at 1.33243, Low at 1.33161, and Close at 1.33200. This forms a small bearish candle with a narrow range, closing...
“The farther one travels, the less one knows.” —...
A downtrend is a market condition in which the price of an asset consistently moves lower over time, forming a series of lower highs and lower lows. Mastering downtrend identification is an essential skill for traders because it helps them avoid...
